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Compact Cars and Crossovers Remain Safe Bet for Dealers
Kelley Blue Book’s Blue Market Report for December 2011 says compact cars and crossovers will remain a safe bet for dealers in the coming months with values expected to be relatively stable through year-end. THIS MONTH’S REPORT INCLUDES: MARKET
Dec 16, 2011
1-5 Year Old Vehicles Wholesale Prices Remain Positive
According to the NADA Official Used Car Guide Update new vehicle sales in November grew by 14% relative to last year and the month’s SAAR of 13.6M was best the result seen since August 2009. Here are some highlights from this month’s NADA Officia
Dec 16, 2011
Dollar Thrifty Board Appoints Scott L. Thompson Chairman of the Board
TULSA, Okla. — Dollar Thrifty Automotive Group, Inc. announced this week that Scott L. Thompson, President and Chief Executive Officer, will assume the role of Chairman of the Board of Directors effective immediately. Mr. Thompson will assume
Dec 16, 2011
CarMax Grand Opens First Store In Massachusetts
RICHMOND, Va. – CarMax, Inc., the nation’s largest retailer of used cars, officially opened its first auto superstore in North Attleboro, Massachusetts last month, located at 120 Draper Avenue. The store is more than 13,600 square-feet, emplo
Dec 15, 2011
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Survey: Email Marketing and Social Media Are Top Areas of Investment in 2012
Redwood City, Calif. – StrongMail, a leading provider of interactive marketing solutions foremail marketing and social media, today announced the results of its “2012 Marketing Trends” survey, which provides unique insight into how business
Dec 14, 2011
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Azure Dynamics Announces 29 Transit Connect Electric Sales
OAK PARK, MI – Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF) (“Azure” or the “Company”), a world leader in the development and production of hybrid electric and electric components and powertrain systems for light an
Dec 12, 2011
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Manheim Used Vehicle Index Up In November
Manheim Consulting’s monthly auto industry brief reported November 2011 wholesale used vehicle prices increased for the first time this year after a five month decline. The index rose 0.8% to 123.8 compared to 122.8 in October 2011. When comp
Dec 9, 2011
U.S. Chevrolet, Buick, GMC and Cadillac Certified Pre-Owned Sales Up 14%
Chevrolet, Buick, GMC and Cadillac dealers in the U.S. reported 24,872 sales of certified pre-owned vehicles, a 14 percent increase compared to November of last year, and a two percent decline compared to last month. Through the month of November 201
Dec 9, 2011
Customer Sues Used Car Dealer for Foul Smell
According to Detroit.CBSLocal.com, a used car dealer in Michigan is being sued by a customer who claims they bought a used car that was not cleaned properly. The story said the customer said after buying the 2006 Ford Expedition, the vehicle started
Dec 9, 2011